INDICATORS - Blog

The 3 Level ZZ Semafor forex indicator for Metatrader 4 is a sort of zigzag indicator.It looks for high and low prices in the trend and then marks them with 1 (short-term), 2 (medium-term) or 3 (long-term).Number 3 is the most important Semafor level to keep an eye on.Trade in the direction of the underlying trend.The default ZZ Semafor period settings (5, 13, 34) can be changed from the indicator’s inputs tab.Basic Trading SignalsSignals from ...

The Asian Session Breakout Indicator , is a profitable one and is able to give you consistent profits every day.In this chart, you can observe that during Asian session from 12:00pm – 07:00am GMT, pair EUR/AUD has traded within the blue box.There is a big move when the European session begins trading.So all what u have to do is just waiting a candle to be closed outside the asian session period to open a position.If bearish candle breakout the ...

A 'Supertrend' indicator is one, which can give you precise buy or sell signal in a trending market. As the name suggests, 'Supertrend' is a trend-following indicator just like moving averages and MACD (moving average convergence divergence). It is plotted on prices and their placement indicates the current trend.The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price...